RBA Assembly; RBNZ Assembly; UK GDP & Extra
FX WEEK AHEAD OVERVIEW:
- The US-China commerce warfare continues to rage, and its results shall be obvious within the week forward as a few of each nations’ largest buying and selling companions’ central banks shall be leaning into rate of interest cuts.
- Development knowledge from two different massive economies, Japan and the UK, are each anticipated to point out indicators of a extra obvious slowdown.
- Retail trader positioning is bearish on the commodity currencies, however isn’t that rather more optimistic in regards to the US Dollar after its early-August troubles.
Join me on Mondays at 7:30 EDT/11:30 GMT for the FX Week Ahead webinar, the place we focus on high occasion danger over the approaching days and methods for buying and selling FX markets across the occasions listed beneath.
08/06 TUESDAY | 04:30 GMT | AUD RESERVE BANK OF AUSTRALIA RATE DECISION
For the reason that final Reserve Financial institution of Australia price resolution on July 2, the Australian economic system has not made any significant progress, nor actually has it finished a lot damaging: financial knowledge traits have been flat. The Citi Financial…